Tag: Exports
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Chinese Vaccine Exports Drop Sharply in August as More Countries Opt for mRNA Jabs
A growing number of governments that initially relied on vaccines from China are now reportedly turning to U.S. and European suppliers for more advanced mRNA shots. It's well-documented, even among leading Chinese public health officials, that mRNA vaccines ...
Q&A: Kenya’s Ambassador to China Reflects on the Current State of Ties With Beijing
China-Kenya relations are at a critical stage as the two countries face enormous challenges related to debt sustainability, a severe trade imbalance, and the public health crisis brought on by the COVID-19 pandemic. Nonetheless, Kenya remains a strategically vital country for China as a key hub on ...
An Agricultural Trade Comparison of Africa’s Development Partners: How Does China Measure Up?
Agriculture remains the backbone of many African economies since it accounts for approximately 60% of all employment, a main earner of foreign exchange, source of both savings and tax revenues and accounts for around 40% of the continent’s hard currency. The agricultural sector is the main source ...
China-Africa Trade Held Up Last Year Despite the Pandemic
China's top diplomat for Sub-Saharan Africa, Wu Peng, revealed the final two-way China-Africa trade figure for 2020 that came in at $187 billion. All things considered given the massive economic disruptions that occurred last year in both ...
Chinese Tobacco Firm Helps Zimbabwe To Generate Much-Needed Foreign Income
In a single file, farm workers carry up to 25 kilogrammes of Virginia leaf tobacco on their shoulders. Titus Gurupira (45), a farmer on a farm in Mvurwi, 100 km north of Harare, pleads with his workers to hurry with the picking ahead of the hectic marketing ...
Subsidies and the False Promise of Fair Trade
Towards the end of our discussion last week with Walter Ruigu, managing director of the Beijing-based trading and logistics company CAMAL Group, on the China in Africa Podcast, he shared a fascinating insight that reveals why African commodity producers are condemned to remain at ...
China-Africa Trade Update with Walter Ruigu
Two-way China-Africa trade fell sharply in the first half of the year to $82 billion, down 20% from the same time last year. Trade between the two regions has been severely disrupted by the COVID-19 pandemic and the ...
The Political Ramifications of China’s Reduced Appetite for African Oil
News that two of China's largest oil companies, Sinopec and CNPC, are going to scale down their presence in South Sudan provides the latest evidence of China's waning appetite for African oil. This isn't a new phenomenon. In fact, ...
As Demand in China Falls, Vietnam’s Rice Exporters Encouraged to Look to Africa
Vietnam is the world's third-largest rice exporter behind India and Thailand. Until recently, China was the country's largest export market but trade disruptions and falling demand due to the ongoing COVID-19 crisis is prompting the Vietnamese to looking further afield for new markets... ...
Severe Drought Threatens Namibia’s Lucrative Beef Exports to China
With the country's dam levels now down below the critical 20% level, Namibia is running out of water, posing an immediate threat to both human health and the viability of the country's beef industry that has just begun exporting to the lucrative China market. ...
Africa Feels the Chill of China's Cooling Economy
It hasn't even been a month since Chinese president Xi Jinping was in South Africa for the triennial FOCAC confab where he unveiled a massive $60 billion financial package. Oh how those were innocent, halcyon days. There was a still ...
FOCAC 6: China At a Crossroads in Africa
The 6th Forum on China Africa Cooperation is coming at a crossroads in the China-Africa relationship. China’s shift from a manufacturing to a consumption economy means that it is importing fewer African commodities. On the African side, this shift has led to fears about repaying Chinese debt, and a ...